Space Bank's 'Life Safety Control Solution', Designated as an Innovative Product by the Public Procurement Service

Space Bank (CEO Wonhee Lee), an AIDX (Intelligent Digital Transformation) specialized company, announced on the 1st that its 'Life Safety Control Solution' has been designated as an innovative product by the Public Procurement Service. With this designation, the solution can be introduced to public institutions first, and it is expected to enter and expand into the safety management field more quickly.

The Public Procurement Service's innovative product designation system is a system that selects innovative products with excellent technological capabilities and supports their introduction by public institutions. If selected as an innovative product, public institutions can purchase the product preferentially without a separate competitive bidding process.

The 'Life Safety Control Solution' utilizing non-contact sensors that block unauthorized access to Space Bank is a system that provides real-time safety monitoring and emergency response functions. This solution detects vital information such as heart rate and respiration and safety accidents such as falls through the linkage of non-contact IoT sensors and heterogeneous sensors, and quickly detects and sends alarms for life safety accidents in safety blind spots, making it effective in accident prevention and response.

In particular, its strength lies in its ability to monitor and respond quickly to biometric data abnormalities in advance through AI-based data analysis functions. The solution can be used as an innovative product through public procurement in various living safety fields such as public facilities, public restrooms, senior care, nursing, and schools.

In particular, the safety control solution designated as this innovative product is a radar sensor-based safety control solution already supplied to Baekdudaegan Arboretum, which monitors the 5,000-hectare Baekdudaegan safety shadow zone and has been proven to satisfy the highest security standards as a control solution for the national security agency managed by international organizations such as safety control of the Seed Vault, which is the main security facility in the arboretum.

On the 27th, Space Bank received the 'Public Procurement Service Innovative Product' designation certificate from CEO Lee Won-hee at the Innovation Product Designation Ceremony held at the Seoul Regional Procurement Service. Accordingly, Space Bank can now receive support for the Public Procurement Service's pilot purchase (verification test) with national funds through a contract with a public institution. In addition, entry into the public market is guaranteed through purchase exemption, purchase target ratio, and priority purchase systems.

Lee Won-hee, CEO of Space Bank, said, “I hope that the Public Procurement Service’s designation of innovative products will serve as an opportunity to further elevate the level of public institutions’ management of safety in daily life,” adding, “We will ensure that technologies such as artificial intelligence create innovation, improve our lives, and contribute to creating a safer society in the future.”

Meanwhile, in addition to this innovative product designation, Space Bank is leading digital innovation in various industrial fields, such as supporting the digital transformation of small and medium-sized enterprises and public institutions through low-code-based AIDX solutions.

In addition, Spacebank is leading the market as an AIDX specialized company by obtaining the 1st grade in Cloud Security Certification (CSAP) and Software Quality Certification (GS), and was selected for the Technology Innovation Program (TIPS) hosted by the Ministry of SMEs and Startups and the Korea Angel Investment Association, accelerating the digital transformation of the public and private sectors through an LLM-based control solution that combines AI models.


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